Australia rejected the A$2.8 billion takeover of GrainCorp by U.S. agribusiness giant Archer Daniels Midland (ADM) on Friday, saying the deal was contrary to the national interests.
Sectors
Home cloud project ArkOS beats USD45,000 funding goal
Jacob Cook's private cloud project ArkOS has beaten its funding goal of USD45,000 with a total pledge of USD45,189 from 859 backers with less than a week remaining in a self-hosted crowdfunding campaign.
European institutional investors seriously concerned about proposed dark trading volume caps- study
A new research from TABB Group Europe showed that almost 90% of institutional investors in Europe were concerned about the proposed restrictions of dark trading.
Mexico's Interjet plans IPO next year
Mexican airline Interjet is planning to undertake an initial public offering in the latter half of 2014, according to Executive President Miguel Aleman Magnani in an interview with Bloomberg.
Pizza Hut offers to rehire manager who refused to open on holiday
A store manager of a Pizza Hut franchise in Indiana is mulling over a rehire offer from the worldwide pizza chain after he was fired for refusing to open the restaurant on Thanksgiving Day.
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Christer Gardell, who co-founded Europe's biggest activist investor Cevian Capital, expects a burst of activity in mergers and acquisitions next year as corporate confidence returns.
Here are the online shopping trends for Thursday, November 28 at 12:00 p.m. EST, from the IBM Digital Analytics Benchmark. Our next update will follow today at 3 p.m. EST.
On Thursday, Versace company president and former chief executive officer Santo Versace said there is a possibility of the Italian house to have a buyer of its 20% ownership stake by Christmas. Versace also revealed potential plans for an IPO in the future.
Italian airline Alitalia said on Thursday that it was able to raise EUR173 million of EUR300 million it needed in its cash call from investors with help from Intesa Sanpaolo and UniCredit.
SwissRe's recent report titled "Global insurance review 2013 and outlook 2014/15" provided an otherwise positive global economic outlook, which was a good sign in the non-life business as more people will seek financial protection for their properties.
New data released by the US Federal Deposit Insurance Corporation reflected the increasing activity in structured products purchases by US banks to offset effects of low interest rates.
A report on the Financial Times recounted the similarities of the rise, and possible downfall of the popular Bitcoin to early virtual currency favorite e-gold.
The partnership of US software company and QuickBooks maker Intuit's partnership with banks Capital One and Wells Fargo for a loan facilitator program was a clear indication of companies turning into cloud computing and data analytics to improve their services, said an article published on the Financial Times.
UK Crowdfunding Association (UKCFA) Chair Julia Groves called out Christine Farnish of the Peer-to-Peer Finance Association regarding the latter's insistence that the Financial Conduct Authority's (FCA) definition of online crowdfunding was misleading.
